Identity and access control provider ConductorOne announced that it has raised $15 million in a recent Series A funding round, which follows a $5 million seed round in 2021, according to TechCrunch.
ConductorOnes solution aims to address the issues faced by enterprises in controlling permissions and access across complex environments that include cloud and on-premises elements, its co-founders said.
One potential issue is a permissions system malfunction, which can lead to under provisioning that prevents timely access to needed tools or over-provisioning, which retains permissions for users no longer working at the company.
The company says its solution provides out-of-the box integration with popular services including Okta, Datadog, GitHub, Jira and Slack.
The company's co-founder and CEO Alex Bovee said their long-term goal for the firm is to provide a fully-automated access control procedure.
As companies migrate to the cloud, the industry needs a new way to manage data and network security, but security analysts warn that only the most well-heeled enterprises can afford the new zero-trust open approach Oracle touts.
Operators of the Bumblebee malware loader have launched a new campaign involving the exploitation of 4shared Web Distributed Authoring and Versioning services following a two-month hiatus, according to BleepingComputer.
Infrequently used Amazon Web Services products AWS Fargate, AWS Amplify, and Amazon SageMaker, have been targeted by the new Indonesian cloud-native cryptojacking operation AMBERSQUID for cryptomining activities, according to The Hacker News.